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FOX News
Nov 25, 2012 11:00am PST
. then is the looming fiscal cliff casting a shadow over shoppers and investors this holiday season? visions of bargains are dancing in the heads of consumers. will the possibility of higher attackses slow them down. we'll talk with matthew shay, president of the national retail federation and john sweeney of fidelity investments. the holiday is over for white house and congressional leaders trying to make a deal. we'll ask our sunday panel if they can reach a compromise. >>> a thanksgiving tradition, our power player of the week has me dancing with turkeys, all right now on "fox news sunday." >> chris: hello again from fox news in washington. on this holiday weekend we're watching several major foreign policy developments from egypt to gaza to the continuing converse over the benghazi attack. to talk about it all is senator john mccain. welcome back to "fox news sunday." >> thank you. dancing with turkeys? >> chris: you'll have to wait until the end of the show to see. >> that's what we're doing now. >> chris: let's start with egypt where president morsi granted himself unchecked powers and sent thousa
FOX Business
Nov 26, 2012 7:00pm EST
and their respective parties in debating and discussing solutions to the fiscal cliff. president obama organizing a campaign to persuade voters that his plans for higher taxes on the wealthy are the right path forward. leading republicans creating consternation within their own party does they reversed themselves from taxes and seemingly the president's ideas of increases, a growing number on the right rejecting their no new taxes pledges and instead are now claiming the grover norquist is the real problem in washington d.c. fox digital politics center is here with us tonight as is the daily caller stalker carlson. egyptian leader declaring new powers for himself, claiming he won't be just another dictator. just a week ago praised by the obama administration for brokering a ceasefire in gaza, and now the white house is silent on the more -- coupe. middle east expert professor hoover institute senior fellow "wall street journal" as columnist among our guests here tonight. we begin with the president's broad based strategy to conduct our right class warfare against the republican party on the issue
FOX
Nov 26, 2012 2:00am PST
mccain. it is a fox news sunday exclusive. >>> then, with the loom fiscal cliff, is it casting a shadow over shoppers and investors this holiday season? visions of bargains are dancing inned the of consumers but will the possibility of higher tax slow them down? we'll talk with matthew shay of the national retail federation and john sweeney of fidelity investments. plus the holiday is over and the white house and congressional leaders try to make a deal. we'll ask our sunday panel if negotiators can reach a compromise to avoid the fiscal cliff. and a thanksgiving tradition, our power player of the week has me dancing with turkeys. all, right now, on fox news sunday. ♪ >> chris: and, hello again, from fox news in washington. on this holiday weekend, we are watching several major foreign policy developments from egypt, to gaza. to the continuing controversy over the benghazi attacks. here to talk about it all is senator john mccain, and, senator, welcome back to fox news sunday. >> thank you, chris, dancing with turkeys? >> chris: you have to wait until the end of the show to s
FOX News
Nov 27, 2012 10:00pm PST
to go to work, ready to solve the issue of the fiscal cliff. what the president wants to do, however, is to raise taxes on small businesses, almost 1 million small businesses who employ 25% of the workforce. that's his proposal. republicans cannot be for that. the president said in his press conference, right after the election, his number-1 priority will be jobs and the economy. we agree with that. but your number-1 priority is jobs and the economy you don't grow the economy to create jobs by raising taxes on small businesses, the people who create the jobs. >> white house press secretary today, jay carney said when he was asked when the next meeting would be, the answer was, it would come, quote at the appropriate time. >> well, nobody know what is that means -- >> no! that's my point. is that -- is that, you know -- look, all of have you had a vacation, i refer, to while you are campaigning the last 3 months. have you known about this fiscal cliff for a year and-a-half. now the president's going out, friday, to do, as you say, campaigning. the press secretary says there will be a
FOX News
Nov 26, 2012 10:00pm PST
guess who. you, and of course the rest of us. we're all on the edge of this fiscal cliff. >> we don't think that raising tax rates is something that's good for this economy, that will help grow jobs. and so what we have said is there are ways for the federal government to have more revenue if we grow this economy and engage in tax reforms. >> every economist i respect says if you raise tax rates at this time -- in fact the president said that a couple years ago -- that it harms the economy. we're trying to help the economy. and so unless i can be convinced that raising tax rates will be beneficial, then obviously i think there's reason and grounds for my position. >> the truth is this country does not need to go through this fiscal cliff, which is fundamentally a huge tax increase and very little spending cuts. we're favoring a huge automatic tax increase that needs to be changed. >> bottom line we can't go off the fiscal cliff. democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner sh
CNN
Nov 28, 2012 4:00am PST
are triggered by the fiscal cliff. democrats and republicans appear stuck on entitlement reforms. democrats don't want deep cuts to programs like medicaid, medicare, social security. some republicans say it's the only way to get a deal. >> the reason we're having these negotiations is because washington democrats have spent money without any care for the cost or the future. and refuse to do anything to protect long-term spending programs like medicare, a failure that's among the biggest single drivers of our debt. >> one out of three people in this country are going to rely on medicare and head cade for their health insurance. so we need to find ways to preserve these programs. >> senator durbin says the debate over entitlement programs should be fought after the new year. he's going to join us in a few minutes to talk about it. >>> police on new york's long island investigating a deadly bus crash, a 6-year-old boy was killed last night when the driver of that bus lost control and went barreling into the front bedroom of the boy's home. police say the bus driver swerved to avoid hitting a pedes
MSNBC
Nov 26, 2012 8:00am PST
republican colleagues. >> a growing group of liberal fiscal cliff jumpers if you will as they're being called, they seem to be willing to risk everything, jump off the cliff if social safety nets face deep cuts while tax rates stay low for the wealthy. do you think that is smart politics or could it backfire against democrats? >> i think what the president has said is the right approach to take which is that we want to do everything we can to avoid the fiscal cliff consistent with what he said during the campaign which is that, number one, we have to focus on jobs and the jobs plan and, number two, we have to ask higher income individuals to start paying a little bit more to reduce the debt because if you don't, simple math tells you you will hit everybody else harder. the president's priority has been to protect the middle class and do that by asking higher income earners to pay a little bit more. so i think the president has been clear. he has set forward a plan to prevent us from going over the fiscal cliff and the choice republicans have is are they going to continue to insist on saying t
MSNBC
Nov 27, 2012 8:00pm PST
for the middle class. tonight chris van hollen and jan schakowsky on the latest on the fiscal cliff. >>> the meeting with the president looks good for progressives. we'll get the scoop from james hoffa. >>> plus, breaking news. republicans running the benghazi witch hunt remain disturbed and troubles. >> i'm more disturbed and significantly troubled. >> i'm more troubled. >> joan walsh on today's big meeting with susan rice. >>> and yesterday ricks rolled fox news. >> i think that the emphasis on benghazi has been extremely political because fox was operating as a wing of the republican party. >> today fox news strikes back. >>> good to have you with us tonight, folks. thanks for watching. the white house is keeping republicans in a box. president obama is hitting the road to push the extension of tax cuts for income, for folks under $250,000 a year. the president will kick off his tour in southeastern pennsylvania on friday. today he met with small business owners at the white house and tomorrow he plans to meet with a group of middle-class families. republicans will be countering
CNN
Nov 26, 2012 1:00pm PST
people here in washington are calling the fiscal cliff. today, we have new proof that people across the country not only are aware of what's going on, they're very, very worried. our new poll shows 68% say the country will face either a crisis or major problems if the cuts in taxes aren't avoided. and a whopping 77% say their personal financial situation will be affected by a failure to solve the fiscal cliff problem. despite this nationwide sense of urgency, there's only a little talk of compromise right now as lawmakers return to washington. our congressional correspondent, kate bolduan, has been working her sources on capitol hill and what's going on. stakes are enormous right now. what's going on? >> they were away for a week. staff was supposed to be working. but lawmakers are arriving back in town with no real whisper of an imminent breakthrough at the moment to avoid this looming series of tax increases and spending cuts that could very well damage the economy. but the air of compromise among some notable republicans is definitely grabbing attention. the republicans' comments
MSNBC
Nov 27, 2012 8:00am PST
in washington. the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senato
CNN
Nov 26, 2012 8:00am PST
's how congress rolls. and now with just 36 days remaining to avoid the so-called fiscal cliff, senators are coming back to work. the house returns tomorrow. the white house is working both sides of the beltway to maintain bush-era tax rates for the poor and middle class, while letting those lower rates expire for higher earners. this morning, the white house put out numbers claiming if we fall off the cliff, consumers will be spending less money next year. how much less, exactly? $200 billion in fiscal 2013 alone. that would be a huge, huge hit on retailers. now, tax hikes are the biggest part, but not the only part of the fiscal cliff. seeing it as a fiscal cliff, the new year will also bring more than $100 billion in spending cuts, if -- if congress and the president can't agree on some other course. all of this brings me to my friend, cnn's christine romans with details on the toll on consumer spending. we threw out the number, $200 billion. what does that mean? >> it comes straight from the white house, trying to ride the coat tails of black friday weekend when throwing around how m
CNN
Nov 26, 2012 2:00am PST
this morning. congress is back in session, and just in time, we are now 35 days away from the fiscal cliff. >> a big day in the middle east. today both israel and gaza meet to further the cease-fire between the two embattled nations. we're going to have a live report coming up for you. >> gray thursday, black friday, and now cyber monday. but just how good are the deals today, compared to what was put out this past holiday weekend? we're going to break it all down for you. >> did you do any shopping? >> absolutely not. there's too much football. >> don't you love it? >> good morning. welcome to "early start," i'm john berman. >> and i'm zoraida sambolin. 5:00 a.m. in the east. so let's get started. they are back. our lame duck congress returning to capitol hill today. the senate in session this afternoon. the house back tomorrow. and with 35 days left, as john just reminded us, before we plunge down the fiscal cliff, two prominent republican senators, lindsey graham and saxby chambliss are signaling they are willing to give a break the no tax pledge. that is a hopeful sign, folks, because
FOX News
Nov 26, 2012 3:00pm PST
anything to avoid it. i'm referring to the so-called fiscal cliff. you may have heard about it. it's the simultaneous convergence of tax increases and spending cuts designed to pressure lawmakers accepting other negotiated deficit reduction changes. it includes expiration of the bush era tax cuts that would effect everyone. expiration of the tax cut around for years can be called a tax increase. the nonpartisan budget office would bring in $1 trillion in ten years. on tap, 1.2 trillion in spending cuts for ten years. $100 billion in first year. half to defense programs. half to nondefense. cbo says going off the cliff would lead to a recession next year. we have fox team coverage tonight. ed henry is trying to read tea leaves on a day of mixed signals from all sides but we begin with mike emanuel on the possibility that g.o.p. lawmakers may put their oath of office above a promise to antitax increase organizer. good evening. >> good evening. the republican sources say they are offering a balanced approach of significant spending cuts and some revenue without boosting tax rates. >>
MSNBC
Nov 28, 2012 9:00am PST
have a fiscal curve/cliff/mole hill, however you choose to describe it, that includes, of course, the bush tax cuts, but also, the bigger piece is sequestration and the payroll tax cut again. another fight the president has had before. what do you make of his focus only on the bush tax cuts and specifically the middle income earners. >> this was a theme throughout the campaign, something he came out early on and hit hard on. it underscores this larger issue about inequality in this country which is an economic problem. you can't have a sustained recovery when 98% of the population hasn't gotten a raise in the last few years or decades depending on who they are. i think people are starting to focus on that. i think this issue of taxes is crucial of that. i think if we're going to go to the other cuts that need to happen, the entitlement reform you need to have a sense from the population that the rich are doing their part, that there is a sort of social cohesion. you can look to europe and see what happens when you don't have that. >> the president spoke in his comments effectivel
MSNBC
Nov 27, 2012 7:00pm PST
. >> if not, we go off the supposed cliff. >> the fiscal cliff or slope. the bump of various height. >> it's going to sell that fiscal cliff. >>> thelma and louise might need to make room in the car for the president of the united states. at the white house today, senior obama administration officials met with liberal leaders and union officials. "the washington post" reports that one told him after the meeting, quote, would the white house go off the cliff if it's between that and compromising their core principles? i was left with the impression that they would. illinois democratic senator dick durbin spoke today at the liberal center for american progress where he said this about the possibility of going off the cliff which fears of this show know is is really more of a curb than a cliff. >> some have called let's go over the cliff and watch what happens. we know if we're not careful, it will in fact stop economic growth and hurt everyone through every income category, particularly those most vulnerable. >> what he did not say is he must not go off the cliff. because the cliff is is pre
FOX News
Nov 26, 2012 3:00am PST
busy over the weekend. talking about the fiscal cliff. everyone comes back to work . wonder if they will get to work and cut the deals. republicans made it clear they are willing to budge when it comes to the 20 year pledge not to raise taxes that glover norquist had everyone sign before they took office. >> steve: grover norquist has hundreds of republicans to do that. clearly with the fiscal cliff comment and automatic spending cuts and taxes go up on everybody. something has to be done. the feeling is that it will happen two now. republicans have beenadament and said we can't raise taxes on anybody. and glover norquist said as long as you don't raise tax rates that is okay. and lindsay graham on that. >> i agree we shouldn't raise rates but i think grover is wrong to cap and buy down debt. what do you do with the money and i will violate the pledge for the good of the country only if the democrats do entitlement reform. >> gretchen: i think the pledge thing is good and bad. if you are a republican and believe that raising taxes is the wrong they think that and fine. but h
CNN
Nov 28, 2012 1:00pm PST
in that cabinet meeting. he says they're going to talk about hurricane sandy, the fiscal cliff, some national security issues. but to your question, we already know that secretary of state clinton plans to depart treasury secretary geithner and even defense secretary leon panetta has made it clear he would like to leave within the year. the current white house chief of staff still considered the odds on favorite to get the nod to become the next treasury secretary from the president. it's believed he has the greatest chance here it's believed of getting senate confirmation. that leaves open the job of white house chief of staff. and i'm hearing that among the names that are being considered for that role are ron clay, the man once biden's chief of staff and did himself i'm told a great service in president obama's debate prep despite that bad first debate the president takes responsibility for it, does not blame mr. clain. and another name i've heard floated is dennis mcdunna. earned the great respect and admiration of the president. a young man not often considered in that light but the pres
CNN
Nov 28, 2012 9:00am PST
-called fiscal cliff. let's listen in. >> it would be good for our children's future and i believe that both parties can agree on a framework that does that in the coming weeks. in fact, my hope is to get this done before christmas. but the place where we already have, in theory at least, complete agreement, right now, is on middle class taxes. and as i've said before, we've got two choices. if congress does nothing, every family in america ll see their tacks automatically go up at the beginning of next year. starting january 1st, every family in america will see their taxes go up. a typical middle class family of four would see its income taxes go up by $2200. $2200 out of people's pockets. that means less money for buying grocery, less money for filling prescriptions, less money for buying diapers. it means a tougher choice between paying the rent and paying tuition and middle class families just can't afford that right now. by the way, businesses can't afford it either. yesterday i sat down with some small business owners who stressed this point. economists predict that if taxes go up on
FOX News
Nov 26, 2012 6:00am PST
of a compromise as we head for the fiscal cliff? senator lindsay graham, one of the latest high-profile republicans that says he will break the longstanding pledge regarding taxes and says he will do it for the country, but only if democrats are willing to make reforms on entitledment programs, medicare and medicaid and social security. that is big if. good morning, hope your turkey was great. martha: good morning, everybody, i'm martha maccallum. you've got this. congressman peter king and now senator bob corker say they will ignore the decades old pledge that was signed by 241 house members and senators. he says he believes it is a huge game-changer. >> when you're $16 trillion in debt the only pledge we should make to each other is to avoid becoming greece. republicans should put revenue on the table. we're this far in debt. we don't generate enough revenue. capping deductions will help generate revenue. raising tack rates will hurt job creation. bill: this is the heart of the matter. stuart varney, host of "varney & company". morning to you, sir? >> this is a real shift. one
MSNBC
Nov 25, 2012 9:00am PST
's good. thank you for that, dylan. >>> let's go to front-page politics. the fiscal cliff negotiations are set to take place this week. in washington today, we heard both sides staking out their positions. here's democratic senator carl levin on "meet the press." >> the key is whether the republicans will move away from the rigid position which has been the grover norquist pledge that they signed that they will not go away for additional revenues. >> the gop rejecting the decade-old pledge. here's what norquist said about cham bliss. >> the commitment that he made to the people of georgia was not to me. it was to the people of georgia that he would go to washington to reduce government spending and reform government, not raise taxes. if he wants to change his mind and become a tax increaser so we don't have to reform government, he needs to have that conversation with the people of georgia. >>> >> and new today, congressman peter king on the controversy. >> i agree with chambliss. if i were in congress in 1941, i would have signed al declaration of war against japan. i'm not going to d
CBS
Nov 27, 2012 7:00am PST
. >>> president obama meets with small business owners today to promote his solution to the fiscal cliff. the deadline is now 35 days away. the president is holding more events tomorrow and friday. "new york times" reports this morning that a budget deal could reduce the tax deduction millions pay on their mortgage interest. nancy cordes is on capitol hill. good morning. >> reporter: good morning to you, charlie, and norah. the president and house speaker john boehner spoke by phone over the weekend. top aides in the house and senate tell us that negotiations at this point are just taking place between the president's staff and speaker boehner's staff. that's because any deal that involves raising tax revenue is going to face its biggest challenge in the republican-led house. top republicans returning from thanksgiving recess urged the president to make the first offer in fiscal cliff negotiations. and they expressed a new openness to raising tax revenue, if democrats agree to make cuts to strengthen medicare and medicaid. >> elections come and go. and when they g
CNN
Nov 27, 2012 4:00am PST
in washington to avoid going over the fiscal cliff. but are they any closer to an agreement? >>> u.n. ambassador susan rice faces three of her main republican critics today, trying to explain her comments about the attack in benghazi. will she get their support if she's nominated as secretary of state? >> then, she's queen of the racetrack. now she's taken on sonic. danica patrick is here, live, with a preview of her new racing video game. >> we have lots coming up in the next two hours. pennsylvania senator pat toomey, maryland congressman chris van hollen. utah senator mike lee. and actress lucy heal from "pretty little liars." >> "starting point" begins right now. >>> good morning, everyone. our starting point today, more republicans seeming to break their no tax pledge but still bickering with democrats over the so-called fiscal cliff. and just under 35 days now america falls off that cliff. you've heard the menacing sound right there. this triggers drastic spending cuts and tax hikes. now there are some signs of compromise on capitol hill. several top republicans saying they're willing to a
Current
Nov 28, 2012 3:00am PST
, obama launches p.r. effort on cliff the fiscal cliff, of course. putting pressure on congress, president will talk to small business owners. so here's what's going on. right. with this fiscal cliff looming the president has laid out -- very, very clear what he's talking about, what he wants to see. it is a $4 billion package of cuts to the deficit a combination of spending cuts and new revenue and about $2 trillion of that coming from getting rid of the bush tax cuts. at the same time while getting rid of the tax cuts for the wealthiest 2% of americans letting the tax cuts for 98% of americans continue because the middle class do need the help and the wealthiest people do not. so to get there of course, and by the way let's back up, right. the president put forth his plan on november 6th and mitt romney put forth his plan and the american people said no, we don't like that romney way of going which is to continue to coddle the rich. we agree with president obama. so now the negotiations are underway. abo
FOX News
Nov 27, 2012 2:00am PST
at the meeting later this morning. senator mccain is also talking about know big topic the fiscal cliff. he says the current tax cuts could be extended for another six months. >> meeting this week is interesting. to be a sense of urgency as the market indicates. i think it depends on both sides and what they view is the lesson of the election. republicans maintain their majority in the house. the preside there's a possibili could kick the can down the road for 6 months or so by putting everything on hold. if you are really going to solve this problem if you are really going to address it you have to go after entitlements. everybody knows that's the third rail. that part has to be bipartisan the way it was with tip o'neil and ronald reagan. >> the fiscal cliff making investors nervous but not consumers. that's one of the stories you can bank on this morning. if you looked at cyber monday all of the deals you are not alone. early numbers show that sales were on track to break records. lauren simonetti joins us to look at these numbers. >> i went shopping yesterday, did you? >> i did, actually. >>
MSNBC
Nov 27, 2012 12:00pm PST
of pushing for immigration and fiscal cliff and saving up his capital there? >> reporter: well, it's clear the president is fond of susan rice. you saw that in the press conference after the election. he really forcefully defended her. you saw more passionate people had been waiting for from the president. if there's a time to push someone, the president believes is the best personed to the job, it's after you win the election in a pretty strong way. so the president, i think, if he wants to push her, now is the team to do it. it's interesting that so many senators such as john mccain and lindsey graham oppose her. policy-wise she's closer to them in terms of policy and intervention and human rights than, say, senator john kerry, for example. >> amanamanda, you referenced t press conference where the president went to bat for susan rice. let's actually take a listen to them. >> for them to go after the u.n. ambassador who this nothing to do with benghazi and was simply making a presentation based on intelligence that she had received and to besmurch her reputation is outrageous. when they
MSNBC
Nov 28, 2012 8:00am PST
this, the austerity crisis, better known as the fiscal cliff facing washington and the country. this hour president obama will speak live at the white house flanked by middle-class families whose household budgets depend on congress reaching a deal by january 1st. his latest effort to use his bully pulpit. nearby on capitol hill, both parties are meeting behind closed doors at this very minute. each side hashing out where they are willing to compromise and where they are drawing the line in the sand. >>> the other big story we're watching for you, a second round of sitdowns for united nations ambassador susan rice, who's in an all-out campaign of her own to face her critics. after three republicans issued blistering comments yesterday, this morning rice is meeting with republican senator susan collins of maine and in an hour is expected to meet with senator bob corker of tennessee. rice's harshest krit eks are still vowing to block her potential nomination as next secretary of state. >> i think everybody gets to, one, be nominated, and, two, go through the hearings and the deba
MSNBC
Nov 27, 2012 10:00am PST
if there is no deal on the fiscal cliff? >> that's right, andrea. we looked at what would happen if the middle-class tax cuts are not extended. the typical middle-class family with two children would see a $2200 tax increase next year if the tax cuts are not extended. that will hit their pocketbook. that would reduce consumption by 1.7 percentage points and reduce gdp growth by 1.4 percentage points and would be a big hit to retailers. we calculate that about $200 billion less would be spent next year than would otherwise be the case if the tax cuts for the middle class are not extended. and just to put that in perspective, that's about four times as much as spent over black friday weekend. >> why isn't there more action? we don't see the leaders coming to the hill, we don't see any meetings. what is going on perhaps behind the scenes because mitch mcconnell, among others, critics of the president, of course, were saying where is the presidential engagement. why is he going out to the public and continuing a political campaign to drum up support and not engaging one on one, meeting with the le
MSNBC
Nov 27, 2012 1:00pm PST
against the clock trying to reach an agreement on the fiscal cliff that is fast approaching. the president is trying to ramp up public pressure on congress to accept his ideas for debt reduction in. in the coming days he meets with small business owners, middle class taxpayers, around corporate leaders. friday he tried to recapture his winning spirit in pennsylvania touring a toy manufacturing plant. i don't think the event is in whoville but the republicans as grinch playbook is probably evident enough. to hear some of the president's team, they see this christmas going their way. >> i think we're going to get this done. i'm more positive than most. i'm heartened by many ever my senate republican colleagues who have stepped forward and basically said that their real oath is to america and not to a washington loppiest named grover norquist. >> it's actually true. some republicans have signaled a willingness to buck grover norquist and his anti-tax pledge and raise some new revenue. "the wall street journal" weighed in with a reasonable argument. president obama's re-election means the taxe
Current
Nov 27, 2012 6:00am PST
the fiscal cliff. >> yes. >> there's a new one no tall, no water. two more songs. i'm like i can't see. >> no water? that's in sane! are they trying to kill people? >> did i tell you the other one? sweat is fat crying. >> i would just walk out right there. i can't deal with that crap. >> you have to keep your heart rate up, it's a test to see if you can make it through another song without towel or water. >> i don't need pithy sayings to keep my heart ray up. >> good morning everybody. u.n. ambassador susan rice is meeting with senators john mccain lindsey graham and kelly iop. they have been critical of her remarks in the aftermath of benghazi. she described that as a spontaneous attack based on the in tell she had from the intelligence community. there could be some substance to the plan that president obama plans to nominate her for secretary of state. she will meet with other lawmakers later this week. president obama has been unwaiving in his support of her calling republican attacks on her outrageous. >> according to official announcement, the president of mexico and the presiden
CNN
Nov 28, 2012 11:00am PST
as we get word of a major development here and talks over the so-called fiscal cliff. we'll have that in a moment. plus, ta-da, get your tickets out. tonight, the powerball jackpot hitting a record and this hour president obama getting ready to hold his first cabinet meeting since being re-elected. and keep in mind, some members of that cabinet, they will not be there for long. but first, the fiscal cliff battle here that landed in your lap today. president obama, even wants you to tweet about it. the president went full court press asking americans to pressure congress to keep middle class tax cuts for families earning $250,000 or less. >> it is too important for washington to screw this up. now is the time for us to work on what we all agree to, which is let's keep middle class taxes low. tweet, use the hashag my2k or e-mail, post it on a member of congress' facebook wall, do what it takes to communicate a sense of urgency. i'll sign this bill as soon as congress sends it my way. i got to repeat, i've got a pen. i'm ready to sign it. so -- >> the president wants republicans to
FOX News
Nov 27, 2012 6:00am PST
that would avoid that potentially devastating fiscal cliff that is looming over the u.s. economy right now. the president is meeting with small business owners at the white house today. he had a series of meetings with different business leaders over the last week. despite the warnings that the talks are stalling on capitol hill stuart varney joins me now, host of "varney & company" on fox business network. >> good morning, martha. bill:. martha: what are you hearing how this is going? >> it is impasse basically. the republicans said yesterday they accommodated the democrats they will agree to get more money from wealthy people from higher taxes but mitch mcconnell, senate republican leader, he says there has been no similar compromise from the democrats or the president. he says they are still holding out for higher tax rates on the rich and he says the radical left is prescenting the democrats and president and agreeing to serious reform from medicare. martha, i have to tell you. i got new numbers from medicare, from trustees, actually. medicare has to pay out in the future $42 trillion.
MSNBC
Nov 27, 2012 9:00am PST
the fiscal cliff or the debt limit which looms in february or march. >> as we know there is no real fiscal cliff. it's more of a curve or a mole hill. it's serious and real but not going over the cliff. if there is something of a cliff-like situation, it's playing to the president's advantage. december 31st what he doesn't want, the bush tax cuts for the rich, will be gone. they'll also be gone with the middle-class tax cuts. two years ago the republicans tried to hold the president hostage and said listen, if you don't give us the bush high-end tax cuts we're not giving you the middle-class tax cuts. the president ju jitsued that into a second stimulus. the president this time around has a little advantage. he can let all tax cuts expire on december 31st which is what democrats are advocating, first week in januariry when the congress comes back in, he can say, guys, we have 98% of the public i want to give tax cuts to right now, we can keep arguing about the top 2 but do this right now for the 98%. how come you're not with me on this? that's i think is a card for him to play heavy and gi
MSNBC
Nov 26, 2012 1:00pm PST
are headed for this fiscal cliff and we need to do something to resolve that. we have an opportunity here to lock in responsible fiscal policy over the next few years. i think we should be able to do both. >> ken, we're told that the president is meeting today with the head of mitt romney's favorite organization, the magnificent chamber of commerce which as we know produced some marvelous surveys that appeared to support him. he spoke with speaker boehner and harry reid over the weekend and yet no meeting date is set. what kind of outreach is going on behind the scenes? are you aware, ken, of any other relationships that are being developed at this moment to try to fend off the fiscal cliff? >> yeah. mostly what we're hearing about is that the staff level there are ongoing negotiations between the white house, between harry reid and the senate majority leader's office and john boehner's office, the house republicans. but so far what we've seen, at least in the principal, is really just highlighting the differences and how stark the differences are. yes, there have been some republicans wh
MSNBC
Nov 23, 2012 7:00am PST
. >>> plus, fiscal cliff diving. the countdown to the new year is counting down to economic disaster. what will it take to reach a compromise and pull the country back from the edge before january 1st. >>> the holiday season kicking into gear. we'll take you all around the country. meantime, relative calm between israel and gaza following the cease fire did not last very long. today a clash at the poirder left one palestinian dead and 15 wounded. as usual, we are hearing two different versions of this cease fire version. we have two reporters there. aman, i'll begin with you. what are they saying about the glash at the gaza border today? >> they're saying that the palestinians, 300 of them approached the israel/gaza border on the palestinian side of it. they went there to access their farm land. that area is considered mostly essentially farm land for those families. a lot of people earn their livelihoods from there. they were going there to protest and demand that they have the right to go as far up to the border as possible. the reason why is because over the years israel has imposed a n
MSNBC
Nov 27, 2012 7:00am PST
to say, raise taxes or lower spending or going off the fiscal cliff. where are you? and how do you feel about tinkering with medicare and medicaid? >> look, i think we've got to put aside all of the sacred cows and really got to be willing, as dick durbin said, sit down and negotiate and come up with a plan, a long-term plan that's balanced, that looks at the domestic side of the budget, the defense side, the mandatory programs, and the revenue side. and if we're willing to do that, then i think we can get an agreement. but i think to go to the tax issue that you were talking about earlier, there are really two issues there. one is the amount of revenue that needs to be raised. but the other question is a fairness question. and if we're asking people to accept the sacrifices that they're going to be making if we're cutting spending in areas that are going to really affect middle class families and others, then we've also got to be willing to ask those who are doing the best in this country to share in that sacrifice. and what i've heard from people in new hampshire is they're willing to
FOX News
Nov 28, 2012 3:00am PST
have an admiral pass in my pocket. who is with me. meanwhile, we have a fiscal cliff to climb. her meetings with senators mccain and graham and ayotte created more questions than answers. ambassador susan rice taking her case to two more republicans today. peter doocy has more. >> you are right, brian. ambassador rice will meet with susan collins from maine and bob corker from tennessee . ahead of his meeting that what worries him most about ambassador rice she may be more concerned about delivering the party line than pressuring the administration when it might be off base. three other republican senators met with the embattled ambassador and that meeting did little to quiet their harsh criticism of her job performance. >> i am more concerned than i was before that the 15th of september explan of how four americans died in benghazi, libya. >> why she wouldn't have asked i am the person who doesn't know about this and going on every show. it is not only the talking points unclassified but part of her responsibility as the ambassador . united nations she reviewed more than that. >>
CSPAN
Nov 27, 2012 5:00pm EST
outcomes. >> as we can come you talk with senator tom corps coburn about the fiscal cliff and the future of the republican party on both tvs and dad. the senator has written several books. live at noon eastern on c-span2 on "in depth." the u.s. has dropped out of next week's middle east talks iran had agreed to attend. former carter administration national security adviser spoke about the ongoing stalemate between the u.s. and iran over its nuclear program and explain why a why attacking iran should not be an option. this is about 40 minutes. >> the next speaker does not need any introduction and anything. one of the greatest statesmen alive, has had to deal with iran extensively from managing the relationship with the shot to the hostage crisis to the 1979 revolution itself and the ongoing conversation of how to deal with the nuclear challenge over on. president obama referred to him as one of the most outstanding figures and he presented him with the presidential medal of freedom in 1981. i have been tremendously grateful to benefit from his insight. a strong opponent of the invasion o
CSPAN
Nov 28, 2012 9:00am EST
about the fiscal cliff and it is a very important issue. to resolve that issue? today in the third grade it seems n.y. chicago and detroit, kids of being condemned to a life that is going to be very humbling and very frustrating because i know for effect those kids are not going to be able to read, they are not going to be able to compete and they will not be able to make up in some miraculous way in the twelfth grade. so having this twist of focusing on national security may lead the country to understand if we don't get off of the path we are on we are on a path to a very different kind of america and the person who deserves enormous credit for driving this task force is secretary rice. [applause] >> let's talk about what it would take to close the gap between where we are and where we ought to be. one way to think of it is basic skills. one thing we decided the council on foreign relations is a large issue of content. what got me to this point is when i talked at the kennedy school, non american students knew more about american civics and the basis of american foreign policy than ame
FOX News
Nov 27, 2012 2:00pm PST
the economy going over the fiscal cliff. no mystery what the issues areu. the democrats know, republicans know and so does president obama. entitlements are pushing the country toward financial ruin. here is what the president said in 2010. >> the major driver of the long-term liabilities is medicare, medicaid and healthcare spending. nothing comes close. social security we could probably fix the same way tip o'neil and ronald reagan sat down together and we could figure something out. that is manageable. medicare and medicaid, massive problems down the road. that's where, that is what our children have to worry about. >> dana: here we are, two years later and still no plan. on the left in congress refusing to deal with that simple reality. vermont senator bernie sanders caucuses with the democrats. take a listen. >> i get nervous when i hear the president and others continue to talk about quote/unquote, entitlement reform. which is just another cut for medicaid and medicare and social security. >> eric: brian, start with you, today. >> dana: you look surprised. >> brian: i am. yet honored. >>
FOX Business
Nov 27, 2012 7:00pm EST
the so-called fiscal cliff, and i have no sign of progress to report to you on the talks between president obama and the republican leaders trying to reach a deal to avoid the crisis. the number two man, durbin of illinois tad saying nothing should be left off the table in search of budget cuts, and new sources of revenue, the assistant majority leader allowing the changes in the president's signature legislative achievement should be on the table. that's right, obamacare. >> put everything on the table. repeat, put everything on the tail, not just taxes and revenue, but spending cuts and entitlement reform. the only perfect law i know was carried down a mountain by senator moses. lou: what should be positive words for republicans tempered by the fact that senator durbin has no standing as the president's representative in the negotiation, and harry reid is telling a far different stories. john boehner and his caucus, the target, again, of senator reid's blame game. the senate majority leader insistent that republicans are the only onee in the way of the deal. reid asked point bl
CBS
Nov 27, 2012 4:00am PST
fiscal cliff, those tax increases and spending cuts that would kick in next year. lawmakers returned to washington yesterday amid some talk of compromise, but the issue of how to raise revenue remains a critical and hard to overcome sticking point. susan mcginnis is live in washington with more. >> reporter: those changes kick in if no alternative deal is made. as of now, both sides are still talking about their willingness to compromise, but when it comes to that main issue, raising tax rates, both sides are digging in. democratic senator dick durbin will give what's being called a major speech laying out a case for a bipartisan fiscal deal. he's a member of the senate's gang of eight, four democrats and four republicans who have collaborated on ways to reduce the nation's debt for two and a half years. democratic senator mark warner is part of the gang and says democrats are willing to put entitlements like medicaid and medicare on the negotiating table. >> the math just doesn't work anymore. not because the programs are bad, but because thank goodness, we're living a lot longer. >
CSPAN
Nov 27, 2012 1:00pm EST
coburn about the fiscal cliff, affordable care act and the future of the republican party on book tv's "in depth." the senator has written several books and reports including the latest, "debt bomb." join us with your calls, emails, tweets for senator tom coburn live sunday at noon eastern on book tv's "in depth" on c-span2. >> and over at the white house today, the president's resolving with fiscal cliff issues, he's meeting with business owners. the president and vice president will visit with the president-elect of mexico, enrique pena nieto. u.s. house coming in momentarily. back from the thanksgiving break. they'll come in for short speeches in just a moment. later this afternoon they'll begin work on five bills one of which would require the department of homeland security to report annually on border security and illegal immigrants. votes at 6:30 this evening. later this week they'll be working on a proposal for a new visa proposal for foreign students, foreign college students taking advanced degrees in science, engineering and math. off the floor this week democrats will ele
MSNBC
Nov 24, 2012 3:00am PST
hands on your thanksgiving table and say a two-word phrase that starts with fiscal and ends with cliff. your uncle at thanksgiving will say we have to do something about that fiscal cliff and really we got to do something to fix our skyrocketing deficit. our national deficit that he will tell you has been going up and up and up like a rocket and spiraling out of control like a something going out of control and paul ryan is just so right and if congress and president obama do not do something to stop the skyrock edding deficit, to sop up the red ink, if they don't do it by new year's or sometimes whenever the emergency is supposed to happen, we will go flying off the fiscal cliff. and not like these guys who mean to do that, but more like cliffhanger cliff on "the price is right" for whom going over the edge is really a dire mistake. beware the fiscal cliff. you will hear this at the thanksgiving dinner table. when someone inevitably brings up the fiscal cliff and how our sky rocketing deficit is a huge danger to us, do not crawl under the table. do not give up on thanksgiving. help yo
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